Both tokens experienced a 3% increase, with bitcoin and ether gaining up to 1.2%, and bnb (BNB) surged by 1%, demonstrating resilience against worries about potential risks spreading within the BNB Chain ecosystem.
Cryptocurrencies That Claim To Be Backed By Fiat Currencies
Cryptocurrencies That Claim To Be Backed By Fiat Currencies latest news, images, analysis about Stablecoins are cryptocurrencies that claim to be backed by fiat currencies—dollars, pounds, shekels, rubles, etc. The idea is that, unlike cryptocurrencies like Bitcoin, stablecoins’ prices remain steady, in accordance with whichever fiat currency backs them. Stablecoins are used as stores of value or units of … See more
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CoinGecko's data indicates that both Bitcoin and Ether maintained their stability in the past 24 hours, as there were minimal fundamental catalysts driving market fluctuations.
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Armstrong asserted that the SEC's recommendation left them with no alternative but to pursue legal action.
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